MOBIUS MATERIALS

The circle of it: This company offers a marketplace to buy and sell pre-owned consumer electronics, thereby facilitating reuse of materials that would have likely have not been used again.

Mobius materials

Summary

Mobius Materials is a certified component marketplace, used by contract manufacturers and others to directly buy and sell excess and pre-owned electronic parts. The company offers vetting and authentication to ensure quality and reliability so that these components can have another life in the circular economy.

Story

Founder Margaret Upshur got the idea for the company while working for an Internet of Things startup that created hardware that is used in IoT equipment and launched a new product. Upshur noticed that old electronic pieces were undervalued in the marketplace and posited that the problem is the lack of transparency in the secondary market. Upshur saw the need to create a marketplace where buyers and sellers could trust each other. (Source)

Pic Credit: Mobius Medium Blog (right) and Richmond (top)

“When something is obsolete for one customer, that does not mean it’s obsolete on the market. “

Margaret Upshur in an interview

Founder(s)

Margaret Upshur


Headquarters

San Francisco, CA


In business since

2020




Impact

$15B of overstocked electronic components are thrown into landfill instead of being resold annually, which could potentially be harnessed with this technology (Source)


Technology

diverting waste from landfill, creating platform for buying and selling electronic parts that would otherwise go to landfill


Website                https://www.mobiusmaterials.com/


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